Common use of Application of Moneys Received Clause in Contracts

Application of Moneys Received. CIBC may apply all moneys received from me, the Customer or any other Person (including under any Security that CIBC may from time to time hold) upon such part of the Customer's Debts as CIBC considers appropriate.

Appears in 6 contracts

Sources: Guarantee, Guarantee, Guarantee (Cityxpress Com Corp)